Best JetonCash Brokers 2024 | Which Brokers Accept Jeton? (2024)

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Written By

Jemma Grist

Written By

Jemma Grist

Jemma is a writer, editor and fact-checker focused on retail trading and investing. Jemma brings a unique perspective to the forex, stock, and cryptocurrency markets and works across several investment websites as a researcher and broker analyst.

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Edited By

James Barra

Edited By

James Barra

James is an investment writer with a background in financial services. He has worked as a management consultant, where he delivered large-scale operational transformational programmes at some of Europe's biggest banks.James authors, edits and fact-checks content for a series of investing websites.

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Updated

Best JetonCash Brokers

These are the 3 highest-rated brokers accepting JetonCash deposits:

Fusion Markets
Pocket Option
Global Prime

JetonCash Brokers Comparison

JetonCash Brokers Comparison
Minimum Deposit	Instruments	Platforms	Leverage	Regulators	Visit
$0	CFDs, Forex, Stocks, Indices, Commodities, Crypto	MT4, MT5, cTrader, DupliTrade	1:500	ASIC, VFSC, FSA	Visit
$50	Binary Options, Currencies, Commodities, Stocks, Indices, Cryptos	Web, MT4, MT5	-	MISA	Visit
A$200	Forex, indices, commodities, cryptocurrencies, shares, bonds	MT4, TradingView, AutoChartist	1:200	ASIC, VFSC, FSA	Visit

#1 - Fusion Markets

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Review

Why We Chose Fusion Markets

Fusion Markets is an online broker established in 2017 and regulated by the ASIC, VFSC and FSA. It is best known for its low-cost forex and CFD trading, although its multiple account types and copy trading solutions cater to a range of traders. New clients can sign up and start trading in 3 easy steps.

"Fusion Markets is a standout option for forex traders looking for excellent pricing with spreads near zero and industry-low commissions. It’s a particularly good broker for Australian traders where the company is headquartered and regulated by the ASIC."
- DayTrading Review Team

Instruments: CFDs, Forex, Stocks, Indices, Commodities, Crypto
Regulator: ASIC, VFSC, FSA
Platforms: MT4, MT5, cTrader, DupliTrade
Min. Deposit: $0
Min. Trade: 0.01 Lots
Leverage: 1:500

Pros

Fusion Markets is set up to support algo traders with a sponsored VPS solution and a 25% discount if you opt for the NYC Servers VPS for MT4 or cTrader.
Average execution speeds of around 37 milliseconds are noticeably faster than many rivals and can help day traders secure optimal prices in fast-moving markets.
Fusion Markets offers best-in-class support with very fast, friendly and helpful responses during tests and no frustrating automated chatbot to navigate.

Cons

While the selection of currency pairs trumps most rivals, the broker's alternative investment offering is average with no stock CFDs beyond the US.
There is no proprietary trading platform or app built with beginners in mind, a notable drawback compared to AvaTrade.
Fusion Market trails alternatives, notably eToro and IG, in the education department with limited guides and live video sessions to upskill new traders.

Visit Fusion Markets

#2 - Pocket Option

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Review

Why We Chose Pocket Option

Established in 2017, Pocket Option is a binary options broker offering high/low contracts on forex, stocks, indices, commodities and cryptocurrencies. With over 100,000 active users and a global reach, the platform continues to prove popular with budding traders.

"Pocket Option excels for its easy-to-use web platform which provides a best-in-class user experience for short-term binary traders. The $50 minimum deposit is also accessible for beginners while opening an account is really easy. Looking at the negatives, Pocket Option still trails alternatives in its market offering and regulatory credentials."
- DayTrading Review Team

Instruments: Binary Options, Currencies, Commodities, Stocks, Indices, Cryptos
Regulator: MISA
Platforms: Web, MT4, MT5
Min. Deposit: $50
Min. Trade: $1

Pros

Extremely fast and smooth sign-up process that takes less than 2 minutes
The MetaTrader platforms offer integrated analysis with helpful technical summaries for short-term traders
The range of payment methods beats the majority of rivals, providing fast, secure and convenient deposits for traders in most countries

Cons

The MISA is a weak regulator with limited investor protection for retail traders
Despite offering competitive payouts up to 92%, binary brokers like IQCent offer higher returns up to 98% based on tests
The maximum binary contract length of 4 hours is restrictive for longer-term trading strategies. Alternatives like Videforex offer binaries up to 1 month

Visit Pocket Option

#3 - Global Prime

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Review

Why We Chose Global Prime

Global Prime is a multi-regulated trading broker offering 150+ markets. Traders can get started with a $200 minimum deposit and trade with leverage up to 1:100. The firm also has a high trust score and a good reputation with a license from the ASIC.

"Global Prime is suitable for both beginners and seasoned traders with excellent market access, low fees and a range of tools including copy trading."
- DayTrading Review Team

Instruments: Forex, indices, commodities, cryptocurrencies, shares, bonds
Regulator: ASIC, VFSC, FSA
Platforms: MT4, TradingView, AutoChartist
Min. Deposit: A$200
Min. Trade: 0.01 Lots
Leverage: 1:200

Pros

Wide range of deposit options with zero fees
Full range of investments with 150+ assets including crypto
$0 minimum deposit

Cons

Narrow range of account options
Clients from US and Canada are not accepted
No MetaTrader 5 integration

Visit Global Prime

Comparing JetonCash Brokers

Our approach to finding the best Jeton brokers is based on in-depth evaluations across key criteria:

Trust

We only recommend day trading brokers we trust, a judgement we make by weighing firms’ regulatory credentials, years in the industry and the opinion of our in-house experts.

Importantly, Jeton itself is a respected payment method. Despite a fairly short history spanning 5+ years, it has amassed a global user base and is headquartered in the UK where it’s licensed by the Financial Conduct Authority (FCA), a trusted regulator of payment firms.

Fusion Markets emerges as a highly trusted broker accepting Jeton, with authorization from the Australian Securities & Investments Commission (ASIC), a ‘Green Tier’ regulator.

Markets

We prioritize brokers that provide access to a large selection ofmarkets, providing day traders with various short-term trading opportunities.

Our tests of hundreds of brokers show that the top Jeton trading platforms provide opportunities across key markets, including forex, stocks, indices, commodities and cryptos.

Most firms will also offer contracts for difference (CFDs), a popular instrument with short-term traders, that allows you to speculate on price moves without owning the underlying asset

Deriv supports trading on all of the above and also stands out for its suite of market-leading synthetic indices that can be traded via CFDs or multipliers.

Fees

We select trading brokers with low fees, as high costs can erode the profit margins of active traders.

We record and evaluate the costs to place trades at Jeton brokers, focusing on the spreads and commissionscharged on popular assets like the EUR/USD, commodities like oil and stocks like Apple.

Our team then balance these costs against any additional fees, such as payment charges. Fortunately,day traders can keep costs down by using Jeton, as there are zero fees charged on deposits and withdrawals to a Jeton Wallet, and a 2% sender fee charged on transfers.

Global Prime continues to perform well in this category with tight spreads, zero deposit fees via Jeton and just a $10 minimum per deposit, catering to aspiring day traders.

Trading Platforms

We favor brokers with reliable and feature-rich platforms, as they are essential for day traders looking to execute short-term trading strategies.

A good range of charting tools, timeframes and additional research features are priorities for us when selecting the best Jeton brokers. We personally test desktop platforms, web terminals and mobile apps, assigning them a rating out of 5 based on our observations.

Fusion Markets maintains a top position in this department, thanks to the availability of industry-leading platforms and tools, including MetaTrader 4, cTrader and DupliTrade.

Security

Depositing and withdrawing via Jeton is relatively secure, thanks to the firm’s cyber security and data protection measures, including PCI DSS Level 1 Compliance and 2-factor authentication (2FA).

The company’s FCA registration also means that the firm is required to follow strict guidelines to keep client money secure.

Nonetheless, we also overlay our own checks, investigating whether Jeton brokers provide any additional security measures, as well as the brand’s track record when it comes to security breaches.

Stormgain‘s commitment to trader security is reassuring, with the use of encryption protocols, multi-signature withdrawals, 2FA, PCI DSS compliance, plus hot and cold wallets.

What Is Jeton?

Jeton was founded in 2018 by CEO, Saaly Temirkanov, and is registered in the UK.

The firm offers a global payment app supporting over 50 currencies and more than 70 payment methods.

Day traders can securely send and receive funds to their brokerage accounts using the Jeton wallet, Visa debit card, or JetonCash digital vouchers.

The payment provider also offers six tiers of benefits through the J Club VIP loyalty scheme, with up to 1.5% cashback available and reduced FX rates.

Fees

Jeton charges no sender or receiver fees via bank transfer to a Jeton wallet. However, there is a £10 minimum limit for bank transfer deposits and a £100 minimum for bank transfer withdrawals.

Transfers come with a 2% sender fee, whilst currency conversion fees are up to 3.95% on top of the Jeton exchange rate, depending on the payment method and country.

It’s also worth checking whether your broker charges its own transaction fee, although our many years in the online trading industry show that most top platforms do not charge for deposits.

Speed

Whilst transfers via Jeton are usually near-instant, deposits can take up to three days and withdrawals can take up to 48 hours.

These are pretty good lead times, especially for active day traders looking to make frequent transfers between their brokerage account and Jeton wallet.

Some brokers may have their own processing times, though in our experience, most top trading platforms will pay out funds within five working days.

How To Deposit Using Jeton

In our experience, the process of funding a day trading account with Jeton is straightforward. Though importantly, you must first register a wallet account with Jeton, which can be done in a few minutes via the website. Then:

Sign in to your brokerage account and head to the funding area
Select Jeton from the list of payment methods and enter the amount you wish to deposit
When prompted, sign in to your Jeton Wallet and enter the payment details
Confirm the deposit

Pros & Cons Of Funding Your Trading Account With Jeton

Pros

There are no fees for deposits and withdrawals via a Jeton Wallet
Transfers using a Jeton Wallet are normally processed instantly
The firm offers a physical or virtual payment card, providing flexibility
Jeton is a UK-based and FCA-regulated payment provider, underscoring its reliability
The firm’s loyalty scheme offers cashback and other perks for active users and traders

Cons

Not many brokers accept Jeton, with alternative payment methods like PayPal more widely available
There are more card fees for traders residing outside of the UK

Is Jeton Good For Day Trading?

Jeton is a great choice for day traders looking for a convenient, fast and economical way to transfer money to their trading account. Active traders, in particular, can benefit from J Club perks, as well as a branded Visa card which can be linked to a Jeton wallet.

To get started, use our ranking of the best Jeton brokers.

FAQ

How Much Does It Cost To Fund A Trading Account With Jeton?

While there are no fees for depositing or withdrawing to a Jeton wallet, there is a 2% sender fee for transfers. Jeton also charges a 3.95% exchange fee, plus a minimum spend of £10 for deposits and transfers. Brokers may also have their own payment fees.

Is Jeton Safe To Use For Day Trading?

Jeton is registered in the UK and regulated by the Financial Conduct Authority (FCA), one of the world’s leading regulators of money service firms.

That said, safety will also depend on the day trading broker you choose to open an account with. That’s why we recommend considering one of the JetonCash brokers recommended by our experts.

Article Sources

The writing and editorial team at DayTrading.com use credible sources to support their work. These include government agencies, white papers, research institutes, and engagement with industry professionals. Content is written free from bias and is fact-checked where appropriate. Learn more about why you can trust DayTrading.com